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October 22, 2014, 4:43 pm
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Houston: Revenue From Video Gambling To Be Used for Infrastructure


Springfield Mayor Mike Houston introduced the video gaming ordinance Tuesday and says all the generated revenue from licensing the machines will be devoted to road and sidewalk projects.  

 

The ordinance says that establishments that have a state license must get a city license to operate gaming devices within Springfield.  The city license will cost $500 and there will be an additional $250 fee per unit, annually.  

 

Houston says that there are no solid estimates yet on how much money will be brought in to the city's coffers but that after the first year officials will evaluate how much has been brought in and offer up bonds for infrastructure improvements.  

 

The committee of the whole will review the video gambling ordinance next week.  

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